Florida Cam Quiz
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What is a Community Association?
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Specific rights are granted to the owners.
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A community association can be both residential and non-residential.
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Real or personal property, owned by two or more entities, with a legally binding agreement for every member/homeowner to share responsibility and maintenance.
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All of the above
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None of the above
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Are you looking for a Florida CAM quiz that can give you some knowledge about different processes legality of the state? For one to become certified, you need to ensure that you take an 18-hour course and pass the exam. The test below is perfect for helping you pass the Florida Cam the first time you take it. Give it See morea shot and get to notice what you haven’t understood so far.
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- 2.
A Legally Binding Agreement for a community association would encompass the following functions.
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Structured by formal legal documents defining property rights, rules, and restrictions. Provides for governance, business, and communal aspects of administering, maintaining, and enhancing property.
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Provides for governance, business, and communal aspects of administering, maintaining, and enhancing property. Grants rights and or imposes liabilities on the association members. Referred to as a covenant in certain types of community associations.
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Neither A nor B.
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Florida statutes provide requirements for different types types of community associations.
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A, B, and C
Correct Answer
A. A, B, and CExplanation
The correct answer is A, B, and C. The explanation is that a legally binding agreement for a community association encompasses the functions mentioned in options A, B, and C. It is structured by formal legal documents that define property rights, rules, and restrictions. It also provides for governance, business, and communal aspects of administering, maintaining, and enhancing the property. Additionally, it grants rights and/or imposes liabilities on the association members. In certain types of community associations, this legally binding agreement is referred to as a covenant. The statement about Florida statutes providing requirements for different types of community associations is not mentioned in the given information, so it is not part of the correct answer.Rate this question:
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- 3.
Certain types of Community Associations refer to their legal documents as covenants. Which of the following associations use Covenant to describe their legal documents?
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Condominiums only
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Mandatory Homeowners Association (HOA) and Cooperatives
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Mandatory Homeowners Associations and Condominiums
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None of the above
Correct Answer
A. Mandatory Homeowners Associations and CondominiumsExplanation
Mandatory Homeowners Associations and Condominiums use the term "Covenant" to describe their legal documents. This means that both of these types of associations have specific rules and regulations outlined in their legal documents that residents must abide by. The term "Covenant" is not used by Condominiums only or Cooperatives.Rate this question:
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- 4.
What is the purpose of Association documents?
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To include the Declaration or the Covenant, which transfers responsibilities to the new owner.
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To define the administration, maintenance, and operation of the property.
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Set the limits of what can be charged for units
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Both A and B
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Both B and C
Correct Answer
A. Both A and BExplanation
Association documents serve the purpose of both A and B. They include the Declaration or the Covenant, which transfers responsibilities to the new owner, and they also define the administration, maintenance, and operation of the property. These documents outline the rules and regulations that govern the association and its members, ensuring that everyone understands their rights and obligations. Additionally, they may also set the limits of what can be charged for units, which is mentioned in option C. Therefore, the correct answer is both A and B.Rate this question:
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- 5.
Filing Of Documents for the creation of condominium.Clerk of the count fee's filed by?
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The Community Association Manager
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The Ombudsman
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The President Of The Association
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The developer
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The gardner
Correct Answer
A. The developerExplanation
The correct answer is the developer. The filing of documents for the creation of a condominium is typically done by the developer. The developer is responsible for preparing and submitting the necessary paperwork to establish the condominium, including the declaration of condominium, bylaws, and other required documents. They are also responsible for paying any fees associated with the filing process. The Community Association Manager, Ombudsman, President of the Association, and gardener would not typically be involved in this process.Rate this question:
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- 6.
Filing Of Documents for the creation of condominium. Which articles are filed with the Secretary Of State?
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Articles Of Incorporation
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Buy Laws.
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Neither A nor B
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Both and B
Correct Answer
A. Neither A nor BExplanation
In the context of creating a condominium, the documents typically filed are not the Articles of Incorporation (which are more relevant for incorporating a business entity) nor the "Buy Laws" (assuming you meant "Bylaws," which are internal rules for an organization). Instead, specific documents related to the establishment of the condominium, such as the Declaration of Condominium and the Condominium Plat, are typically filed with the appropriate local authorities or the Secretary of State, depending on the jurisdiction.Rate this question:
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- 7.
In the case of Condominiums, within _______days after filing the Declaration with the Clerk Of The County Court(DBPR) a fee of $_______per unit should be constructed.
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30 days and $15 per unit.
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70 days and $30 per unit
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120 days and $15 per unit
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120 days and $20 per unit
Correct Answer
A. 120 days and $20 per unitExplanation
The correct answer is 120 days and $20 per unit. This means that after filing the Declaration with the Clerk Of The County Court(DBPR), the developer has 120 days to complete the necessary procedures for constructing the condominiums. Additionally, a fee of $20 per unit is required for each unit to be constructed.Rate this question:
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- 8.
HOA is regulated by the DBPR
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True
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False
Correct Answer
A. FalseExplanation
HOA, which stands for Homeowners Association, is not regulated by the DBPR (Department of Business and Professional Regulation). HOAs are typically governed by their own set of bylaws and regulations, which are enforced by the association itself. The DBPR is responsible for regulating various professions and businesses in Florida, but it does not have authority over HOAs. Therefore, the statement "HOA is regulated by the DBPR" is false.Rate this question:
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- 9.
Filing Of Documents for the creation of an HOA. Which articles are filed with the Secretary Of State?
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Articles Of Incorporation
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Bylaws
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Neither A nor B
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Both A and B
Correct Answer
A. Both A and BExplanation
Both the Articles of Incorporation and the Bylaws are filed with the Secretary of State. The Articles of Incorporation are a legal document that establishes the existence of the Homeowners Association (HOA) as a corporation. It includes important information such as the name of the HOA, its purpose, and its registered agent. The Bylaws, on the other hand, outline the rules and regulations that govern the HOA's operations, including the rights and responsibilities of its members. Filing both documents with the Secretary of State ensures that the HOA is officially recognized and operates in compliance with state laws.Rate this question:
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- 10.
Where should the documents for the creation of a Homeowners Association (HOA) be filed?
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Clerk of the Court in the county
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Local Municipal Office
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State Housing Authority
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HOA Management Company
Correct Answer
A. Clerk of the Court in the countyExplanation
When establishing a Homeowners Association (HOA), the documents, such as the Articles of Incorporation or Declaration of Covenants, are typically filed with the Clerk of the Court in the county where the property is located. This filing helps formalize the creation of the HOA and ensures that the necessary legal documents are recorded appropriately.Rate this question:
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Current Version
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Feb 01, 2024Quiz Edited by
ProProfs Editorial Team -
Apr 27, 2010Quiz Created by
You Baby Gorilla
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